DEFINITION of 'Sell Plus'
An order to sell a quantity of stock at a price that is above the current market price. A sell plus will only be executed when the stock is on the rise, and the price reached. Similar to a sell limit order.
BREAKING DOWN 'Sell Plus'
For example, shares of Big Air investments have a last traded price of $10. A sell plus order in this case would be any sell order with a price that is greater than $10. We place a sell plus order for $15. The only way our order will fill is if the market price of the stock rises to $15.